Raines has added Home2 Suites by Hilton Charlotte College Analysis Park in Charlotte, NC, to its administration portfolio.
The lodge is situated inside College Metropolis, a creating district in northeast Charlotte. The market presents a mix of educational, company and residential communities, as effectively a various array of industries. Main employers within the space embrace Allstate, IBM, AT&T, Duke Vitality, TIAA and Wells Fargo. The property is simply over a mile from UNC Charlotte and Atrium Well being College Metropolis. For racing fanatics, the property is proximate to the Charlotte Motor Speedway, zMAX Dragway and the NASCAR Corridor of Fame.
The 105-key lodge’s suites embrace the signature Home2 Suites facilities, together with totally geared up kitchens. There’s an indoor pool and health heart, in addition to assembly rooms. The pet-friendly property additionally presents complimentary breakfast, a 24/7 market and free WiFi.
Gray Raines, managing accomplice, Raines, stated, “This deal showcases Raines’ capabilities as multifaceted accomplice for hospitality traders. On this occasion, we helped establish the asset, underwrite the deal, and assisted with authorized companies and shutting. This venture was accomplished in partnership with a long-time investor, additional demonstrating the power of {our relationships} and our dedication to treating each proprietor as greater than only a quantity. We stay up for persevering with this partnership and guaranteeing that this property thrives.”
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